The German private bank's new global head of private bank investment solutions has more than 25 years of international experience in building and leading investment solutions across Asia and Europe.

Vivienne Chia (pictured) will be joining Deutsche Bank as global head of private bank investment solutions, starting on 1 December. Based in Frankfurt, she will report to Alessandro Caironi, head of banking, lending and investment solutions. With the increasing importance of the bank’s investment solutions franchise, the bank said that her appointment marks a significant step in advancing its platform.

Chia brings more than 25 years of international experience in building and leading investment solutions across Asia and Europe, the banks said in a statement. Most recently, she served as global head of investment solutions group and as a member of the global management committee at Bank of Singapore, where she led multi-regional teams across advisory, manage lending solutions as well as capital markets. Prior to this, she served in senior leadership roles at UBS, where she managed the global capital markets APAC business, including product origination, distribution and advisory. 

"In the past years, we significantly strengthened our investment business across the private bank," Caironi said. "Building on this success, Vivienne will further elevate our investment platform for our personal banking and wealth management clients. Her experience in both investment banking and wealth management will be invaluable as we continue to strengthen our global investment solutions franchise.”

Also in late October, the bank said net revenues at its private bank rose 4 per cent in the third quarter on a year earlier to €2.4 billion ($2.79 billion), while net interest income in this division rose 9 per cent to €1.6 billion. Net commission and fee income was flat at €725 million. Assets under management were €675 billion, reflecting €13 billion of net inflows and €16 billion in positive market development.